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Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central Kalimantan.
Antam's president director Alwinsyah Loebis said that BHP's Maruwai coal project had interesting coal reserves. "The coal is a type of coking coal that differs from most coal found in Indonesia," Alwin told reporters Tuesday.
Coking coal is coal used in the production of coke, which can be further modified for use in the production of pig iron.
As has been reported earlier, BHP is in the process of pulling out from Indonesia. In early June, the company announced its decision to stop the development of the Haju trial mine, one of seven mines under the company's Maruwai coal project in Central Kalimantan.
BHP said its operations in the Haju trial mine did not mesh well with its long term investment strategy. It has also decided to terminate activities in six other areas specified in the project.
Alwin did not disclose the amount to be invested by Antam in acquiring the project."We are still evaluating the prospect. We have not submitted any official proposals to BHP," he said.
Antam primarily produces nickel, but Alwin said the company was seeking to expand its business by including coal. "We want to develop our portfolio," he clarified. Aside from evaluating the possibility of buying BHP's coal project, Antam is also investing US$30 million to acquire several coal mines this year.
Source:The Jakarta Post
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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Minerals Council of Australia
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- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
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- Merrill Lynch Commodities Europe
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- McConnell Dowell - Australia
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- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
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- Australian Commodity Traders Exchange
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- Ceylon Electricity Board - Sri Lanka
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- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
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- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
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- Mjunction Services Limited - India
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- Singapore Mercantile Exchange
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- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
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- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- White Energy Company Limited
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- Global Green Power PLC Corporation, Philippines
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
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- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- The University of Queensland
- Baramulti Group, Indonesia
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- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
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- Planning Commission, India
- Economic Council, Georgia
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- GMR Energy Limited - India
- Parry Sugars Refinery, India
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- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
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- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
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- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
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- Vedanta Resources Plc - India
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